Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option

Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option

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Debt
Direct
Corporate Bond
NAV: ₹ 18.06 as on 24-05-2024

About the Fund

Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option is a debt fund. This fund was started on 19 December, 2013. The fund is managed by Kinjal Desai, Vivek Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option has ₹2946 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 30.2K in Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option in the last three months

Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹2946 Cr
Inception Date
Inception Date
19 December, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
135.24%

Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
57.9%
Government
35.3%
Cash Equivalent
6.8%

Top Holdings of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option as on (30-Apr-24)

  • Debt & Cash

Debt Holdings58
Holdings
Weight%
1M Change
7.32% Govt Stock 2030
7.32% Govt Stock 2030
7.21%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
5.12%
123.9%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.23%
0%
Tata Capital Limited
Tata Capital Limited
3.4%
0%
LIC Housing Finance Ltd. 7.84%
LIC Housing Finance Ltd. 7.84%
3.39%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 2.9K Cr
₹ 2.8K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.9K Cr as of Apr'24
  • AUM increased by 74.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option, since 25 May 2018
Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option, since 1 February 2020

Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.34% since inception which is more than its category average return of 5.48%
AUM size ₹2946 Cr

AUM size ₹2946 Cr

This fund has AUM of ₹2946 Cr which is less than its category average of ₹ 6076 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option is ₹18.06 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option
Absolute Returns
CAGR Returns
1 Month Returns
0.87%
0.87%
6 Month Returns
4.4%
4.4%
1 Year Returns
7.34%
7.34%
3 Years Returns
20.07%
6.29%
5 Years Returns
40.42%
7.03%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.35% as on April 2024
₹2946 Cr as on April 2024
7.32% Govt Stock 2030(7.21%), 7.18% Govt Stock 2033(5.12%), National Bank For Agriculture And Rural Development(4.23%), Tata Capital Limited(3.4%), LIC Housing Finance Ltd. 7.84%(3.39%) as on April 2024
Corporate(62.84%), Government(34.78%), Cash Equivalent(2.38%) as on April 2024
Yield to Maturity is 7.71 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.39 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kinjal Desai, Vivek Sharma are the fund managers of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option
The Exit load of Nippon India Corporate Bond Fund Direct Plan Payout of Income Dis cum cptl wdrl Option is 0%